It’s a common misconception that large businesses prefer to purchase their equipment, rather than lease it. Taking today’s challenging market out of the equation, 80% of the FTSE 500 have always favoured leasing because of the cash-flow efficiencies, not to mention, it beats tying cash up in ever-depreciating business necessities such as computers, desk phones, air conditioning units and...Read More
As reported in our local newspaper, The Argus, we are delighted to announce that Lease Group has made it into the Sussex Fastest Growing Companies List – a list which comprises of 50 local businesses, 20 of which operate within our closest city, Brighton. This achievement is a real testament to the hard work our...Read More
It’s 2021, so it’s no surprise that electric vehicles are grabbing more and more headlines in the motor industry. Established manufacturers demoing their wares and pioneering brands such as Tesla showcasing new models and improved tech, it’s coming thick and fast as the UK market counts down to the proposed 2030 petrol and diesel ban....Read More
With the 2030 government deadline rapidly approaching, you may have noticed the increase in news stories using various terminology such as EV, HEV, BEV and ICE when discussing the automotive world. These terms can be confusing, but thanks to our EV Charging Partner Elmtronics, there is a jargon-buster available for you to use with this...Read More
Lease Group is delighted to appoint MIND as it’s official Charity Partner for 2021. MIND is a leading UK Charity supporting people in and out of the workplace with mental health issues. The Hove-base equipment financier, which runs a vendor finance solution for over 750 equipment and technology suppliers, will be supporting MIND throughout the...Read More
If you are an equipment or technology solutions provider, you’ve probably come across the term Vendor Finance. The meaning however is very much perceived differently depending on which finance solution you use. Here, we’ll explain the definition of Vendor Finance, the Lease Group way. OK, so you run an equipment or technology business. You may...Read More
The UK and EU finally reached a Trade Deal, albeit just a few days prior to the end of year deadline. But what does the deal mean for you and your business, in terms of purchasing and travel? Following months of negotiations, the UK and the European Union agreed a deal on Christmas Eve –...Read More
A message from James Phillips, our Group Managing Director. I hope you are well and had a lovely Christmas break? So, the rumblings of another national lockdown was confirmed last night. Although this isn’t the rip-roaring start we were hoping for in 2021, if a national lockdown now means we are back to normality sooner,...Read More
Equipment leasing is quite simply the process of acquiring equipment and technology via third-party finance and paying for it in manageable monthly amounts over a pre-agreed term. Equipment leasing allows any type of business to affordably acquire business-essential equipment and technology without the upfront expenditure. Leasing enables the business to preserve their cash-flow and put...Read More
Equipment leasing is called upon by businesses big and small as a cost effective and budgetable way of acquiring the latest technologies. Here we will run through the key reasons for leasing equipment versus purchasing technology and services outright. Firstly though, what exactly is Equipment Leasing? Equipment leasing is quite simply the process of acquiring...Read More